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AgdaPkt 2010-11-08
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AgdaPkt 2010-11-08
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Last modified
7/9/2012 11:55:06 AM
Creation date
11/4/2010 2:20:38 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
11/8/2010
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6.2A <br /> Page 46 <br /> affordable rent that does not exceed 30% of 80% of the area median <br /> income, adjusted bv familv size aqpropriate to the unit, less a reasonable <br /> utilitv allowance. . <br /> ❑ Term of Restrictions: 55 years, commencing on <br /> (the date of recordation of the Affordable Housing <br /> Restrictions) and terminating on (the date 55 years <br /> after recordation of the Affordable Housing Restrictions). <br /> This Notice does not contain a full description of the details of all of the terms and <br /> conditions of the Affordable Housing Restrictions. You will need to obtain and read the <br /> Affordable Housing Restrictions to fully understand the restrictions and requirements <br /> which apply to the Property. In the event of any conflict between the terms of this <br /> Notice and the terms of the Affordable Housing Restrictions, the terms of the Affordable <br /> Housing Restrictions shall control. <br /> This Notice is being recorded and filed in compliance with Health and Safety <br /> Code Section 33334.3(f)(3) and (4), and shall be indexed against the City and the <br /> current Owner of the Property. <br /> Dated: , 2010 THE CITY OF REDWOOD CITY, a Charter <br /> City and municipal corporation of the State of <br /> California <br /> By: <br /> City Manager <br /> Dated: , 2010 , <br /> a California nonprofit public benefit <br /> corporation <br /> By: <br /> Executive Director <br /> Notice of Affordability Restrictions <br /> 1213420v1 33786/0001 3 <br /> 82483.00000�5570533.3 <br /> ATTY/AGft/2010.120 EXHIBIT D <br /> 103010 <br />
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